(a) Personal Instant Access accounts
Opening of personal instant access account is very simple. You need to present an acceptable identification/reference and two passport-size photographs.

Minimum Opening balance (Tsh)
Companies/Institutions/Firms - Tshs 500,000
Individuals/Personal - Tshs 100,000

Minimum Opening balance (US$)
Companies/Institutions/Firms - US$ 2,000
Individuals/Personal - US$ 2,000

(b) Limited Companies
Requirements
Certificate of Incorporation
Memorandum and Articles of Association
Extract from Minutes of the Board resolution to open an account with TWIGA Bancorp
Photographs of Board of Directors
Business License
Tax Identification Number (TIN) certificate.

Minimum Opening balance (Tsh)
Companies/Institutions/Firms - Tshs 200,000
Individuals/Personal - Tshs 10,000

Minimum Opening balance (US$)
Companies/Institutions/Firms - US$ 500
Individuals/Personal - US$ 200

(c) Joint Accounts
We offer competitive interest rates

Requirements
Letter of agreement of joint partners and their photographs.
Operations similar to savings accounts

(d) Partnership Accounts.
Requirements
Partnership deed
Letter of declaration to open account with TWIGA Bancorp
Passport-size photographs of all partners
Minutes of Members authorizing the opening of an account with TWIGA
Bancorp and appointing signatories

(e) Clubs, Societies and Association
Requirements
Copy of Constitution
Minutes of the meeting of members authorizing to open an account with
TWIGA Bancorp and authoring signatories
Certificate of registration with the registrar of Business Licenses
Names and addresses of trustees